AUC 2.17% 47.0¢ ausgold limited

Ann: Corporate Presentation, page-3

  1. 349 Posts.
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    Unfortunately, the market is stale on this project after the years when so much money was spent on it for no real economic outcome. Nothing really new other than the Vanadium story which is very immature. Additionally, no real changes from a Board and management prospective. Likely, need much deeper pockets to drill those deeper targets. This project needs a partner with serious money and belief in the project; think that would have happened by now if it was going to happen. Afraid this is just another small exploration company making the noises but without the resources or love to really achieve. Sorry, for reality check.
 
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